The Index of Industrial Production for June, released on Friday, showed capital goods output -- which is a barometer of investment -- rose by 26.1 per cent over the year-ago period, the sharpest among
Currently, the value of exports and imports of services is released by the Reserve Bank of India (RBI) and it comes with a lag of over two months
India's economy is predicted to overtake that of the US by 2048, said Patra
The Reserve Bank of India regularly updates rules for improving the safety and convenience of the bank customers. These are the Bank locker rules that everyone should know.
Industrial output remains robust
Analysts have said that they will be watchful of the operational impact of the new norms, especially on customer convenience of the payment firm
The views expressed in the paper are those of the authors and not necessarily those of the institution to which they belong
While issuing instructions to regulated entities including banks, NBFCs and ARCs, RBI said it has observed that recovery agents are deviating from its instructions with regard to recovery of loans
Using different models, the paper estimates the degree of pass-through of monetary policy to bank lending rates under both the base rate and the MCLR regimes using dynamic panel data regression.
In the previous week ended July 29, the reserves had risen USD 2.315 billion to USD 573.875 billion.
If the messaging platforms of India and Russia are connected, it might help in improving the payments settlement mechanism and provide Russia with a cover from further sanctions
S Marathe, S Gurumurthy, R Iyer, and S Chaturvedi re-nominated to RBI central board
Industry associations are likely to approach the RBI to weed out any interpretational ambiguity
Forecasts of economic doom are premature and central bank-bashing is misplaced
Rules are in the right direction
The ban imposed by the RBI may impact loans worth Rs 35,000 crore, impacting power, healthcare, engineering & construction, and road sectors the most
Power, healthcare, engineering, construction, and roads sectors account for 60% of the total entities whose ratings could potentially be affected
Responding to a PIL filed by lawyer Ashwini Kumar Upadhyay in the Supreme Court, EC said that they support setting up an expert panel to discuss freebies, but it can not be a part of it
The switch in hedging tools comes as markets are buffeted by surging policy rates, with the Reserve Bank of India having hiked by 140 basis points since May to tackle inflation
A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai